Front Office/Market Risk

Job Title:

Risk Analyst (Associate / VP)

Job Description:

Risk Analyst (Associate / VP)

Our firms seeks a Risk Analyst in the New York office to support the Firm’s risk management function, with an emphasis on market risk oversight, controls, and risk analytics across global equities and derivatives. In this role, you will partner closely with Trading, Operations, Finance, Compliance, and Technology to strengthen risk governance, surveillance, reporting, and automation.

Key Responsibilities

• Monitor and report risk metrics including VaR, stress testing, scenario/sensitivity analysis, and RWA concepts (as applicable).
• Track exposures, limits, and concentrations across equities/derivatives; investigate and escalate breaches and emerging risks.
• Manage daily margin and collateral processes (IM/VM), including margin calls, dispute resolution, collateral eligibility/haircuts, substitutions, and exception escalation.
• Apply and support margin methodologies including OCC SPAN; analyze drivers of margin changes and support risk oversight (forecasting is not required).
• Work across risk management systems and trading platforms to validate positions/valuations, reconcile breaks, and support UAT/system enhancements.
• Build and automate risk reporting and controls using data analysis and programming.

Company Requirements:

Qualifications

• 5+ years of experience in market risk and/or front-to-back risk management within a financial services firm; equities and derivatives exposure required.
• Strong understanding of market risk concepts (VaR, stress testing, scenario/sensitivity analysis); familiarity with RWA concepts a plus (as applicable).
• Working knowledge of margin methodologies and collateral processes (IM/VM); OCC SPAN familiarity preferred; ability to analyze margin drivers and exceptions (forecasting not required).
• Experience working with risk systems and trading platforms, including resolving position/valuation/data issues and partnering on system enhancements.
• Proficiency in data analysis and automation (Python and/or SQL strongly preferred; advanced Excel/VBA a plus).
• Strong communication skills, sound judgment, and ability to work cross-functionally in a controlled environment.